The Competition Commission of India (CCI) on Tuesday cleared Singapore’s sovereign wealth fund Temasek Holdings’ proposed acquisition of a stake in foodtech company Rebel Foods. Temasek Holdings, through...
Lumax Auto Technologies completes acquisition of 60% stake in Greenfuel Energy Solutions
Lumax Auto Technologies has completed the acquisition of majority shareholding (representing 60% of share capital on a fully diluted basis) in Greenfuel Energy Solutions (Greenfuel) through its wholly owned subsidiary...
Qualcomm’s interest in acquiring Intel has cooled, Bloomberg News reports
Qualcomm’s interest in acquiring Intel is said to have cooled due to complexities associated with the deal, Bloomberg News reported on Monday, citing people familiar with the matter. The complexities associated...
UniCredit irks Rome with $11 billion Banco BPM swoop after German backlash
Italy’s UniCredit on Monday launched a surprise 10 billion euro ($11 billion) bid for domestic peer Banco BPM, which CEO Andrea Orcel said would take precedence over any potential move on Germany’s...
Italy’s Bending Spoons to take Brightcove private in $233 mln deal
Cloud-based streaming platform Brightcove said on Monday Bending Spoons will buy the company in a transaction valued at about $233 million, adding to a string of deals by the Italian tech firm as it looks to bolster its...
Pipeline operator ONEOK to buy remaining shares of EnLink in $4.3 bln deal
Pipeline operator ONEOK said on Sunday it would buy the remaining shares of peer EnLink Midstream for $4.3 billion in an all-stock deal, boosting its presence in the Permian Basin amid increased consolidation in the U.S...
UK former finance minister Zahawi, billionaire Mansour join bid for Telegraph, FT reports
British former finance minister Nadhim Zahawi and British-Egyptian billionaire Mohamed Mansour are in advanced discussions to join a U.S.-led consortium seeking to acquire the Telegraph, the Financial Times reported on...
PAG to acquire Advent-owned Manjushree Technopack
Asia-focused private equity fund PAG will acquire Manjushree Technopack Ltd. India’s largest rigid plastic packaging solution provider. US fund Advent International will sell its majority stake at a valuation of $1...
Saudi Aramco unit in talks to invest $1 billion in US software maker Mavenir, sources say
Saudi Aramco’s digital arm is in talks to take a significant minority stake in Mavenir, in a deal that is likely to value the U.S. telecommunications software maker at about $3 billion, people familiar with the...
Honeywell to sell personal protective equipment business for $1.33 billion
Honeywell will sell its personal protective equipment business to Protective Industrial Products for about $1.33 billion in cash, it said on Friday, further streamlining its business. A potential sale of the PPE...
PAG to acquire Advent-owned Manjushree Technopack
Asia-focused private equity fund PAG will acquire Manjushree Technopack Ltd. India’s largest rigid plastic packaging solution provider. US fund Advent International will sell its stake at a valuation of $1 billion, said...
Moglix acquires Khatema Fibres for Rs 80 crore
B2B ecommerce platform Moglix on Thursday announced the acquisition of paper manufacturing firm Khatema Fibres for Rs 80 crore and said it would help the platform expand its product portfolio and accelerate growth. The...
